Here are the changes the main banks have made to retail interest rates on Tuesday, September 22, 2026

Here are the changes the main banks have made to retail interest rates on Tuesday, September 22, 2026, so far.

For home loans:

Commbank has raised its fixed rates by between +29 bps and +48 bps across all terms and all products. However for interest-only loans, these got lesser increases for fixed terms 3 years and longer.

For savings accounts:

None here either.

For term deposits:

Bank of Queensland has raised rates for its My BOQ accounts for terms 4, 6 and 7 months by between +5 bps and +20 bps. For their Premier Investment product the rises are between +10 bps and +35 bps for all terms from 3 months to 18 months.

Bank Australia and Qudos Bank are back with more increases. These range from +5 bps for 3 months to 5.10%, +20 bps for 9 months to 5.30%, +30 bps for two years to 5.40% and +40 bps for 3 years also to 5.40%. These two banks are pushing the boat out with market-leading rates.